What Schäuble Said About the U.K.’s EU Renegotiation Plans

By

Bertrand Benoit

May 21, 2015 6:53 am ET

German Finance Minister Wolfgang Schäuble, the most influential member of Chancellor Angela Merkel’s cabinet, has just provided David Cameron with what is probably the best piece of news to come from the Continent since the British Prime Minister secured re-election this month on a mandate to recast Britain’s European Union membership.

In an interview with The Wall Street Journal and French daily Les Echos this week in Berlin, Mr. Schäuble volunteered no less than Germany’s help in pushing for a fundamental reform of how the EU works as long as this includes Berlin’s demands for a more centralized economic governance of the eurozone.

Over the jump is a closer look at what Germany’s veteran politician had to say.